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Shineco Shares Tumble as 1-For-24 Reverse Stock Split Receives Nasdaq Approval
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Shineco Shares Tumble as 1-For-24 Reverse Stock Split Receives Nasdaq Approval
Nov 9, 2024 1:18 PM

12:04 PM EST, 11/08/2024 (MT Newswires) -- Shineco ( SISI ) shares tumbled 21% in recent Friday trading after the company received Nasdaq's approval for a 1-for-24 reverse stock split.

The split will be implemented on Nov. 12, the company said in a regulatory filing.

Price: 0.11, Change: -0.03, Percent Change: -21.04

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